Recently, Samsung C&T, a world-renowned conglomerate, and Hithium Energy Storage, a leading energy storage company, signed a global strategic cooperation agreement in Xiamen. This cooperation marks the establishment of a continuous and stable strategic partnership between the two parties in the supply of energy storage batteries and system solutions, and jointly expand the global market.
Content of cooperation
According to the agreement, Samsung C&T and Hithium Energy Storage will cooperate on energy storage system projects with a total capacity of about 10GWh worldwide. Hithium Energy Storage will leverage its expertise in the field of energy storage to provide Samsung C&T with integrated energy storage solutions. This includes not only high-quality energy storage batteries, but also a full range of services such as system integration and project management.
Advantages of Hithium Energy Storage in energy storage technology
High safety, long life and high energy efficiency: Hithium Energy Storage has been committed to the research and development of "high safety, long life and high energy efficiency" energy storage batteries. Its products solve the safety problems at the battery level in multiple dimensions such as materials, batteries and system levels. For example, Hithium Energy Storage's 280Ah lithium iron phosphate energy storage battery has a cycle life of more than 10,000 times, which is much higher than the market average.
Innovative battery design: Hithium Energy Storage has launched the world's first kiloampere long-term energy storage battery MIC 1130Ah, which is specially built for the long-term energy storage market, with a volumetric energy density of 400Wh/L, an increase of more than 15%. Its successor product∞ Cell 1175Ah, has better energy density and cost reduction effect, and can meet the growing demand for long-term energy storage.
System integration and platformization: The ∞Pack+ full-scenario large-capacity energy storage platform built by Hithium Energy Storage has five advantages: large capacity, standardization, platformization, scenario-based and maintainability. The platform uses high-capacity battery cells, which standardizes system development, reduces development complexity, and improves system maintainability.
Technological innovation and patent accumulation: Through a series of innovations such as self-developed chemical system, process and structure, Hithium Energy Storage has solved the problem of heat generation and safety of large-capacity batteries. Up to now, Hithium Energy Storage has applied for more than 3,200 patents worldwide, including more than 1,200 invention patents.
Figure: Samsung C&T and Hithium Energy Storage signed a global strategic cooperation agreement
Collaborative impact
Advancing the global energy storage market: This partnership will inject new vitality into the global energy storage market to meet the growing demand for clean energy. Through the alliance, the two parties will be able to better respond to the challenges of the market and promote the innovation and application of energy storage technology.
Enhance the competitiveness of enterprises: The cooperation will help both parties promote supply chain integration, achieve resource sharing and complement each other's advantages. Samsung C&T's global network and project development capabilities, combined with Hithium's technical strength and product advantages, will significantly enhance the competitiveness of both parties in the global energy storage industry.
Promoting clean energy transition: As the global clean energy transition accelerates, energy storage is becoming increasingly important as a key supporting technology. This cooperation will provide more reliable energy storage solutions for the implementation of clean energy projects, and contribute to the optimization and sustainable development of the global energy structure.
Future outlook
Looking forward to the future, Hithium Energy Storage will continue to uphold the mission of "bringing green energy to all mankind" and continuously improve its technical strength and innovation capabilities. Through close cooperation with Samsung C&T, Hithium Energy Storage will provide global customers with more high-quality, efficient and reliable energy storage solutions. The two parties will work together to promote the high-quality development of the energy storage industry and make greater contributions to the global energy transition and sustainable development.